In 2023, the European market for Gas Oil and Diesel Oil (excluding the biofuel portion) exhibited varied country-level stock values. France led with 9.59 million metric tons, followed by Germany and Spain at 8.66 and 6.68, respectively. Notably, Croatia and Iceland showcased significant growth over the previous year, with variations of 15.08% and 14.47%. Conversely, markets like Ireland and Malta saw substantial declines of 8.26% and 9.29%. Over the past five years, the sector has seen fluctuations, with some countries experiencing consistent growth, while others have faced declines, reflecting varied economic and energy policy impacts.
Looking ahead, potential trends include an increased focus on energy transition policies, which may influence stock levels, more integration of renewable resources, and geopolitical factors affecting supply chains. Monitoring these dynamics will be essential for understanding future stock fluctuations across European markets.
Top countries in Gas Oil and Diesel Oil (Excluding Biofuel Portion) Opening Stock by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 9,590 | 2023 | +0.47% | +0.087% | View data |
| 2 | 2 Germany | 8,660 | 2023 | -1.02% | -1.34% | View data |
| 3 | 3 Spain | 6,680 | 2023 | +1.98% | +2.4% | View data |
| 4 | 4 Netherlands | 3,680 | 2023 | +0.41% | +2.8% | View data |
| 5 | 5 Italy | 3,490 | 2023 | -0.67% | -1.39% | View data |
| 6 | 6 Belgium | 2,890 | 2023 | +1.23% | +5.81% | View data |
| 7 | 7 Poland | 2,460 | 2023 | +2.18% | +2.17% | View data |
| 8 | 8 Finland | 2,430 | 2023 | +2.19% | +1.03% | View data |
| 9 | 9 United Kingdom | 2,070 | 2023 | +0.54% | +0.21% | View data |
| 10 | 10 Denmark | 1,930 | 2023 | +2.45% | +5.06% | View data |